U.S. HOUSING COMPLETIONS FELL 0.2 PCT IN JAN
Completions of new homes fell 0.2
pct in January to a seasonally adjusted rate of 1.884 mln units
from 1.888 mln in December, the Commerce Department said.
The January fall came after a strong 6.4 pct rise from
November's rate of 1.774 mln units and brought completions to
6.7 pct above the January, 1986, level of 1.765 mln units.
In January, completions of single-family units rose 0.4 pct
to a seasonally adjusted 1.183 mln units from 1.178 mln units
in December while multi-family units fell 1.3 pct to 701,000
units in January, the department said.